Fed’s Powell Admits Bidenomics Is Not Remotely Sustainable Or Fixable! Too Much Debt And Spending, Too Little Growth (GDP Growth Higher Than Debt Growth In Only 1 Quarter Under “Brainless Joe”)

Confounded Interest ^ | 02/11/2024 | Anthony B. Sanders

[Kaiser8408a]

Blank stares matter

[MattMusson]

Bidenomics is the exact inverse of Reaganomics.

More Taxes
More Regulation
More Government Spending

[TexasFreeper2009]

we need to stop trying to fix this until Pedo Joe is defeated.

If we fix it, Pedo will claim credit like Bill Clinton did when Newt Gingrich and the Republicans fixed his mess.

[KamperKen]

There has been no real growth; a continuous decline in real output since around mid 2021. Negative savings rate and a 400 billion decline (and counting) in forecast income tax revenue are but two indicators. Full-time jobs dropped by 1.5 million in December and any and all new jobs are in the unproductive/counterproductive public sector.

[Red6]

Brainless Joe

Blank Stares Matter (BSM).

Hahaha

[Theoria]

Reaganomics was more government spending and tax cuts; thus massive deficits. Not much has changed except the tax cuts and regulations these days.

[CFW]

Yeah, many of of us have known this for years. The Fed and the governmental agencies are knocking heads and it is all based upon false information. The BLS economic reporting is lies and the Feds have been acting off that false information. Meanwhile, they are printing more money in order to relieve the pain of their favorite voters so inflation continues. It is a deadly economic cycle.

[himno hero]

All intentional to bankrupt America.

Obamanomics.

[NewHampshireDuo]

Blank States Matter

Now we need an image to FJB to go along with that.

[SaveFerris]

(All intentional to bankrupt America.

Obamanomics.)

Yep.

All according to plan.

[Basket_of_Deplorables]

“Reaganomics was more government spending and tax cuts; thus massive deficits”

Regan cut taxes, and Total Federal Revenues doubled. The tax cuts more than paid for themselves, as they always do. Tax cuts work.

Problem was he got screwed by dems, who reneged on the budget. Like they always do. They saw the new revenue pouring in, so spent it and even more.

Like they always do.

[Theoria]

Revenue doens’t matter unless there is cuts. Ya can’t outgrow .gov spending, no matter how much you cut taxes. That has always been the dynamic, various spending bros will not cut government spending and still brag about revenue.